DGAP-News: JAXX SE / Key word(s): Miscellaneous
JAXX subsidiary myBet.com granted sports betting licence in Belgium
21.07.2011 / 09:54
---------------------------------------------------------------------
JAXX subsidiary myBet.com granted sports betting licence in Belgium
Kiel, July 21, 2011 - myBet.com has been granted a licence for offering
sports betting in Belgium. The permit, which covers all three regions of
Belgium, means myBet.com is immediately able to offer sports betting in an
unlimited number of betting shops. The first myBet shops are to be opened
within the next few days.
The licensee is QED Belgium SPRL, a newly established member company of the
JAXX Group. The 'F1 licence' is initially for providing sports betting over
the counter (at betting shops). As soon as the regulatory framework for the
internet has been finalised, it is expected that the permit will swiftly be
extended to include online products ('F1+') because myBet.com is one of the
official participants in the 'Internet Test Group' set up by the Belgian
Gaming Commission.
The Belgian Government only recently passed legislation on the
reorganisation of the gaming market. Similarly to Italy, France, Denmark
and Spain before it, in April Belgium likewise followed the general trend
in the EU of ending monopolies and allowing private gaming providers to
operate in a regulated environment.
Mathias Dahms, Management Board spokesman of JAXX SE, remarked: 'While
Germany's federal states with the exception of Schleswig-Holstein are
finding themselves increasingly isolated in the EU because of their
protectionism, Belgium is yet another good example of how a market for
gaming can be regulated sensibly and liberally - without stifling the
emergence of competition in its infancy or neglecting sensitive topics such
as player protection and gambling addiction. We are delighted to be able to
compete in the Belgian market with such an outstanding brand as myBet.com.'
About JAXX:
JAXX SE, listed in the Prime Standard of Deutsche Börse, is a financial
holding company with holdings in international companies in the gaming
industry. JAXX currently holds interests in companies in Germany, the UK,
Spain, Austria, Malta and Belgium. JAXX SE has its headquarters in Kiel.
The holding companies cover the entire spectrum of the games and gambling
industry. Depending on national regulatory structures, they broker or
market sports and horse betting, lotteries, and casino and poker games. The
shares of JAXX SE have been traded at Deutsche Börse since 1999 under ISIN
DE000A0JRU67.
Contact:
JAXX SE
Investor Relations & Corporate Communications
Stefan Zenker
Tel.: +49 40 8537 8847
email: stefan.zenker@jaxx.com
End of Corporate News
---------------------------------------------------------------------
21.07.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: JAXX SE
Jägersberg 23
24103 Kiel
Germany
Phone: +49 (0)431 88 104-0
Fax: +49 (0)431 88 104-40
E-mail: ir@jaxx.com
Internet: www.jaxx-se.com
ISIN: DE000A0JRU67
WKN: A0JRU6
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
132740 21.07.2011
DGAP-News: JAXX subsidiary myBet.com granted sports betting licence in Belgium
| Source: EQS Group AG